Kesko B Dividend yield

Kesko B is part of Food and Drug Retailers business, which is part of Consumer Services industry. Kesko B is a company from Finland, and his stocks are publicly traded.

Kesko B stock dividend

Kesko B paid a total dividend of 290 million EUR last year, for a market value of 4,883 millions (Market Cap 4,870 millions). Kesko B dividend per share is 1.07 EUR, and his stock market price 18.02 EUR.

According to the chart below, where dividend yield is displayed, Kesko B has a dividend yield of 5.94%, which is higher than the amount offered by both the market average and companies from Finland. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Kesko B stocks dividend with other Food and Drug Retailers companies or other of the highest Finland dividend stocks list.

Kesko B Dividend Payout

About the ability of Kesko B to maintain his current dividend of EUR 1.07 per share, an amount that accounts for 5.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kesko B payout on ernings is currently 67.72%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Kesko B can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Kesko B is EUR 2.25 per share, which is higher than the dividend per share paid by the company of EUR 1.07, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kesko B, compared againt world market average, Finland companies, Consumer Services industry and Food and Drug Retailers sector companies.

Kesko B Dividend History

Below you will find a table with the historical evolution of Kesko B's dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	EUR	Paypout	Shares*
Present	5.94%	1.07	67.72%	271
2022	5.14%	1.06	70.20%	271
2021	2.56%	0.75	64.10%	270
2020	2.99%	0.63	67.02%	269
2019	3.71%	2.34	120.00%	67
2018	4.67%	2.20	74.32%	68
2017	4.42%	2.00	166.67%	68
2016	5.38%	2.50	198.41%	68
2015	4.77%	1.50	108.70%	68

*In millions

Then you can see the evolution of Kesko B dividend stock, and compare it with the average of Finland stocks and that of the Food and Drug Retailers stocks.

Kesko B Stock performance

Finally, last moth Kesko B showed a return of -1.00% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a -14.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Finland and Food and Drug Retailers firms.